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Pin to quick picksInternational Distributions Services Share News (IDS)

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LONDON BROKER RATINGS: Jefferies resumes Taylor Maritime with 'buy'

Tue, 07th Feb 2023 09:34

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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FTSE 100

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Bernstein raises Centrica price target to 135 (128) pence - 'outperform'

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Goldman Sachs raises British Land price target to 430 (420) pence - 'neutral'

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Goldman Sachs raises Land Securities price target to 690 (660) pence - 'neutral'

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Goldman Sachs raises Sage price target to 880 (870) pence - 'neutral'

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Jefferies cuts Rentokil Initial price target to 640 (665) pence - 'buy'

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JPMorgan cuts Phoenix Group price target to 665 (670) pence - 'neutral'

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Goldman Sachs raises Beazley price target to 825 (810) pence - 'buy'

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Goldman Sachs raises Ashtead Group price target to 6,400 (6,350) pence - 'buy'

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Jefferies cuts Shell price target to 3,000 (3,100) pence - 'buy'

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JPMorgan raises M&G price target to 190 (181) pence - 'underweight'

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FTSE 250

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Barclays raises Victrex price target to 2,310 (2,190) pence - 'overweight'

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Goldman Sachs raises Derwent London price target to 3,070 (2,980) pence - 'buy'

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Goldman Sachs raises Great Portland price target to 660 (610) pence - 'buy'

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Goldman Sachs raises International Distributions Services target to 340 (326) pence - 'buy'

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Goldman Sachs cuts Network International price target to 440 (450) pence - 'buy'

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Jefferies cuts Network International price target to 388 (413) pence - 'buy'

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SMALL CAP

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Barclays cuts Oxford Nanopore price target to 400 (420) pence - 'overweight'

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Barclays cuts Old Mutual price target to 60 (62) pence - 'equal weight'

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Jefferies resumes Taylor Maritime Investments with 'buy'

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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UPDATE: UK government confirms Royal Mail sale to EP Group is cleared

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16 Dec 2024 09:17

Royal Mail takeover by Daniel Kretinsky cleared by UK government

(Alliance News) - Royal Mail's takeover by a Czech billionaire has been given the green light by the UK government, allowing the postal service to pass into foreign ownership for the first time.

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13 Dec 2024 09:02

Royal Mail fined £10.5m for missing delivery targets

(Sharecast News) - Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year.

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13 Dec 2024 07:47

Ofcom fines IDS unit Royal Mail for missing delivery targets

(Alliance News) - Regulator Ofcom has fined Royal Mail GBP10.5 million for missing its post delivery targets in the 2023-2024 financial year.

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LONDON BRIEFING: Sterling suffers as UK economy in surprise shrink

(Alliance News) - London's FTSE 100 is called to open higher on Friday, shaking off poor UK data, a sharp decline in Asian equities, and weaker trade in the US overnight.

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12 Dec 2024 09:43

Royal Mail launches lockers to cater for growth in online shopping

(Alliance News) - International Distributions Services PLC's Royal Mail is launching its own lockers as part of its expansion of parcel points to meet growing demand from online shoppers and marketplace sellers.

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28 Nov 2024 12:04

LONDON MARKET MIDDAY: M&A bonanza provides impetus as New York closed

(Alliance News) - Stocks traded mixed on Thursday afternoon, with the FTSE 100 struggling for direction, but some takeover action breathed life into the London equity market, in what is set to be an otherwise quiet day due to a public holiday in New York.

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28 Nov 2024 09:49

PRESS: Royal Mail sale closer after Kretinsky makes concessions — BBC

(Alliance News) - The sale of Royal Mail owner International Distribution Services PLC to Czech billionaire Daniel Kretinsky's EP Group could be confirmed in the next two weeks, the BBC reported on Thursday.

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28 Nov 2024 07:57

Czech billionaire Kretinsky closing in on deal to buy Royal Mail - report

(Sharecast News) - The sale of Royal Mail to Czech billionaire Daniel Kretinsky's EP Group is reportedly close to being finalised and could be confirmed in the next two weeks.

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21 Nov 2024 11:46

Royal Mail owner swings to profit but warns of Autumn Budget impact

(Alliance News) - International Distributions Services PLC, the parent company of Royal Mail Group Ltd and General Logistics Systems BV, reported a return to profit for the first-half of its financial year, despite facing significant cost pressures from rising national insurance contributions.

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21 Nov 2024 07:24

IDS returns to profit as Royal Mail losses shrink

(Sharecast News) - Postal and courier giant International Distribution Services returned to an adjusted operating profit in the first half, as revenues increased across the group and losses at Royal Mail reduced.

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21 Oct 2024 19:51

IDS picks up stake in Greek parcel operator ACS for EUR74 million

(Alliance News) - International Distribution Services PLC on Monday expanded its parcel delivery business with the acquisition of a stake in Greek operator, ACS.

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21 Oct 2024 17:25

IDS subsidiary GLS to buy 20% stake in Greek courier firm ACS

(Sharecast News) - International Distribution Services - the parent company of Royal Mail - said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services from Quest Holdings for €74m (£62m).

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4 Oct 2024 10:55

Royal Mail to hire thousands of temporary workers for festive season

(Alliance News) - International Distributions Services PLC's Royal Mail is to recruit 16,000 temporary workers to help with the busy festive season.

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